preload

If You Missed the Tax Deadline ...

Blog, Tax Preparation Posted on: Apr 17, 2015 By: admin
taken from IRS Tax Tip 2015-62 April 15 has come and gone. If you didn’t file a tax return or an extension but should have, you need to take action now. Here are some tips for taxpayers who missed the tax filing deadline: File as soon as you can.  If you owe taxes, you should file and pay as soon as you can. This will stop the interest and penalties that you will owe. IRS Direct Pay offers you a free, secure and easy way to pay your tax directly from your checking or savings account. There is no penalty for filing a late return if you are ... Read More

Last-Minute Filing Tips ...

Blog, Tax Preparation Posted on: Apr 10, 2015 By: admin
If you haven’t done your taxes yet, don’t despair. There’s no time like the present to prepare and file your 2014 tax return. Visit IRS.gov for tax tools and help that can make filing your tax return a bit less taxing. 1.    Don’t delay.  Don’t wait until the last minute to do your taxes. The old saying is true: haste makes waste. If you rush to beat the deadline, you may miss out on tax savings or make a mistake. An error will likely delay your refund and often causes the IRS to send you a letter. 2.    Use IRS Free File.  ... Read More

The Health Care Law – Ge ...

Blog, Tax Preparation Posted on: Jan 21, 2015 By: admin
information provided by irs.gov – IRS Tax Tips It’s always a good idea to prepare early to file your federal income tax return.  Certain provisions of the Affordable Care Act – also known as the Health Care Law – will probably affect your federal income tax return when you file this year. Here are five things you should know about the health care law that will help you get ready to file your tax return. Coverage requirements The Affordable Care Act requires that you and each member of your family have qualifying health insurance ... Read More

Health Care Law Brings Changes ...

Blog, Tax Preparation Posted on: Jan 13, 2015 By: admin
via IRS.gov – IRS Tax Tips Newsletter This year, there are some changes to tax forms related to the Affordable Care Act. Along with a few new lines on existing forms, there will also be two new forms that will need to be included with some tax returns. While most taxpayers will simply need to check a box on their tax return to indicate they had health coverage for all of 2014, there are also new lines on Forms 1040, 1040A, and 1040EZ related to the health care law. To help navigate these changes, taxpayers and their tax professionals ... Read More

IRS Repeats Warning about Phon ...

Blog Posted on: Dec 03, 2014 By: admin
The Internal Revenue Service and the Treasury Inspector General for Tax Administration continue to hear from taxpayers who have received unsolicited calls from individuals demanding payment while fraudulently claiming to be from the IRS. Based on the 90,000 complaints that TIGTA has received through its telephone hotline, to date, TIGTA has identified approximately 1,100 victims who have lost an estimated $5 million from these scams. “There are clear warning signs about these scams, which continue at high levels throughout the nation,” ... Read More